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Real Estate News

Sale of the Week: The $2.1-million Davisville condo that shows the value of outdoor space

By Erica Lenti
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The condo that sold at 70 Roehampton Avenue
Listed At
$2,200,000
Sold For
$2,100,000

Address: 70 Roehampton Avenue

Neighbourhood: Davisville

Agent: Mark Jones, Re/Max Professionals Inc., Brokerage

The Property: This top floor of this penthouse, accessible by private elevator, has a massive 1,840-square-foot rooftop terrace overlooking the city.

The History: The sellers, a couple, purchased the condo from the builder in 2011. It came with luxurious finishings like oak flooring throughout, and marble countertops in the bathrooms and kitchen.

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The Fate: The neighbourhood, near Yonge and Eglinton, is already a lively place. Once the Eglinton Crosstown LRT is finished, in 2021 or so, it will be one of the most transit-accessible places in the entire city.

The Sale: The uniquely huge terrace made it difficult for the agent to set a price, because there haven’t been many comparable sales in the past few years. He originally listed the place for $2.49 million, and later lowered it to $2.2 million to create more interest. The buyers, who registered the only offer, jumped at the new price.

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By The Numbers:

  • $2,100,000
  • $9,176.38 in property taxes (2014)
  • 2,249 square feet of living space, approximately
  • 1,840-square-foot terrace
  • $1,204.81 in monthly maintenance fees
  • 95 per cent of list price
  • 27th floor
  • 7 days on the market
  • 3 bedrooms
  • 3 bathrooms
  • 2-car garage
Sale of the Week: The $2.1-million Davisville condo that shows the value of outdoor space

The entrance has a private elevator to the upper floor, where the terrace is.

Sale of the Week: The $2.1-million Davisville condo that shows the value of outdoor space

There’s a small office space.

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Sale of the Week: The $2.1-million Davisville condo that shows the value of outdoor space

The living and dining area are combined. The French doors lead to one of three balconies.

Sale of the Week: The $2.1-million Davisville condo that shows the value of outdoor space

Next to the dining area is the kitchen.

Sale of the Week: The $2.1-million Davisville condo that shows the value of outdoor space

All the appliances are stainless and relatively new. The doors in the background lead to a balcony.

Sale of the Week: The $2.1-million Davisville condo that shows the value of outdoor space

Here’s the second bedroom.

Sale of the Week: The $2.1-million Davisville condo that shows the value of outdoor space

And the second bedroom’s en suite bathroom.

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Sale of the Week: The $2.1-million Davisville condo that shows the value of outdoor space

Here’s the master bedroom.

Sale of the Week: The $2.1-million Davisville condo that shows the value of outdoor space

The master bedroom’s en suite bathroom has a private balcony.

Sale of the Week: The $2.1-million Davisville condo that shows the value of outdoor space

The only enclosed area on the second floor is this little lounge/wet bar.

Sale of the Week: The $2.1-million Davisville condo that shows the value of outdoor space

The terrace is just huge, and it has a massive overhanging roof to protect it from the elements.

Sale of the Week: The $2.1-million Davisville condo that shows the value of outdoor space

The selling agent says this space has hosted parties of up to 80 people.

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